Egypt increases fuel prices following depreciation of local currency
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Loveworld / 3 months
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- 2 min read
The Cabinet’s Facebook page announced the new prices, which took effect on Friday morning. Diesel, crucial for transportation, increased from 8.5 Egyptian pounds ($0.18) to 10 pounds ($0.21) per liter. Egypt, a net energy importer, raised the price of 95 octane gasoline to 13.5 Egyptian pounds ($0.29) per liter from 12.5 pounds ($0.27). The government […]